How To Fix OM523 - WIP revaluation is active in plant & --> long text

SAP Error Message - Details

• Message type: E = Error

• Message class: OM - Customizing Materialwirtschaft

• Message number: 523

• Message text: WIP revaluation is active in plant & --> long text

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

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• What is the cause and solution for SAP error message OM523 - WIP revaluation is active in plant & --> long text ?

  The SAP error message OM523 indicates that Work in Progress (WIP) revaluation is active in the plant, which can affect the processing of certain transactions related to production orders or cost accounting. This error typically arises when you are trying to perform an operation that is not compatible with the WIP revaluation settings in the system.
  Cause:
  The error occurs due to the following reasons:
  
  WIP Revaluation Active: The plant is configured to perform WIP revaluation, which means that the system expects certain processes to be followed for production orders and their associated costs.
  Incompatible Transactions: You may be trying to execute a transaction that is not allowed when WIP revaluation is active, such as certain types of order settlements or adjustments.
  Configuration Issues: There may be a misconfiguration in the controlling area or plant settings related to WIP revaluation.
  
  Solution:
  To resolve the OM523 error, you can take the following steps:
  
  
  Check WIP Revaluation Settings:
  
  Go to the configuration settings in SAP (Transaction code: SPRO).
  Navigate to Controlling -> Product Cost Controlling -> Product Cost Planning -> Work in Progress.
  Verify the settings for WIP revaluation in the relevant plant and controlling area.
  
  
  
  Review Transaction:
  
  Ensure that the transaction you are trying to execute is compatible with WIP revaluation. If it is not, you may need to adjust your process or use a different transaction.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to WIP revaluation to understand the implications and requirements for your specific scenario.
  
  
  
  Check for Open Production Orders:
  
  If there are open production orders that are not settled, you may need to settle them before proceeding with other transactions.
  
  
  
  Contact SAP Support:
  
  If you are unable to resolve the issue, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  
  
  Related Information:
  
  WIP Revaluation: This is a process in SAP that allows for the adjustment of the value of work in progress based on actual costs incurred during production. It is important for accurate financial reporting and cost management.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as CO02 (Change Production Order), CO03 (Display Production Order), and CJI3 (Project Actual Cost Line Items) that may be affected by WIP revaluation settings.
  Documentation: Always refer to the latest SAP notes and documentation for updates or changes related to WIP revaluation and error handling.
  
  By following these steps, you should be able to identify the cause of the OM523 error and implement the necessary solutions to resolve it.